Liberty 77 Fund Reports a $3.3 Million LGF Purchase

The most significant insider buy on today's list comes via a Form 4 filing by Liberty 77 Fund L.P.

The private equity firm revealed an additional purchase of $3,278,206 in Lions Gate Entertainment Corp $LGF.

The CEO of MaxLinear Inc $MXL, Kishore Seendripu, bought 108,303 shares, equivalent to $1.4 million of his own company’s stock.

Here’s The Hot Corner, with data from July 30, 2024:

The president and CEO of Allegion plc $ALLE, as well as one of its directors, filed Form 4s disclosing a total purchase of $811,454.

ALLE has been building a massive base for the last four years.

The stock has been on fire, rallying 18% in a near-vertical line since the beginning of the month to the upper bounds of its range.

We think it’s only a matter of time before buyers absorb the remaining overhead supply and break Allegion out of this base.

Stay tuned. We'll be back on Thursday with more insider activity.

And please reach out with any questions. We love hearing from you!